Regulation 37E Trade: exceptions in relation to oil and petroleum products, petrochemicals and natural gasF1
The prohibitions in Chapters 2B, 2C and 2D of Part 5 are not contravened by any relevant activity in relation to any oil and petroleum products, petrochemicals or natural gas which is necessary for the official purposes of a diplomatic mission or consular post in Iran, or an international organisation enjoying immunities in accordance with international law.
For the purposes of this regulation—
“consular post” and “diplomatic mission” have the meanings given in regulation 37D(4);
“natural gas” has the meaning given in regulation 34(1);
“oil and petroleum products” has the meaning given in regulation 34(1);
“petrochemicals” has the meaning given in regulation 34(1);
“relevant activity” means any activity which would, in the absence of this regulation, contravene any of the prohibitions in Chapter 2B, 2C or 2D of Part 5.
Annotations
Textual amendments
- F1
Regs. 37B-37G inserted (29.9.2026) by The Iran (Sanctions) (Amendment) Regulations 2026 (S.I. 2026/983), regs. 1(2), 9(c)